Updated Dec 4, 2024
BEB Capital Acquires Industrial Property In New Haven County For $4.8M
34 Barnes Industrial Road South, Wallingford, CT 06492, USA
$4,800,000
$93/SF
Building Size
51,220 SF
Asset Type
Industrial
Closing
Nov 16, 2021
About this deal
AI
An industrial property located at 34 Barnes Industrial Road South in New Haven County has been sold. The property spans an area of 51,220 square feet and was sold for a price of $4,800,000, resulting in a price per square foot of $93. The transaction took place on November 16, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Address: 34 Barnes Industrial Road South
- Market: New Haven County
The buyer of the property is BEB Capital represented by Lee Brodsky, Keyvan Ghaytanchi, and Ben Fischer. The seller in this transaction is Lawrence Buhl. The deal was facilitated by Jordan Avanzato from JLL.
On the Map
$4,800,000
$93/SF
Industrial
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Players
Wallingford Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93